Indicator 8.10.1 (a) Number of commercial bank branches per 100,000 adults and (b) number of automated teller machines (ATMs) per 100,000 adults

Indicator 8.10.1: (a) Number of commercial bank branches per 100,000 adults and (b) Number of automated teller machines (ATMs) per 100,000 adults

Target 8.10: Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all

International Monetary Fund (STAFI - Financial Access Survey Team)

Definition:

The number of commercial bank branches per 100,000 adults

The number of automated teller machines (ATMs) per 100,000 adults

Adult population refers to the total population in the reporting jurisdiction of individuals 15 years old and above

Concepts:

The number of commercial bank branches refers to the total number of commercial bank branches in the country reported annually by the central bank or the main financial regulator of the country to the Financial Access Survey (FAS). To make the indicator meaningful for cross-country comparison, the number of commercial bank branches is scaled per 100,000 adults.

The number of automated teller machines (ATMs), refers to the number of ATMs in the country for all types of financial institutions such as: commercial banks, non-deposit taking microfinance institutions, deposit taking micro finance institutions, credit unions and credit cooperatives, and other deposit takers. This information is reported annually by the central bank or the main financial regulator of the country to the FAS. To make the indicator meaningful for cross-country comparison, the number of ATMs is scaled per 100,000 adults.

Per 100,000 adults

The indicators in the Financial Access Survey (FAS) database are collected on an annual basis since 2009, covering the period since 2004. Information is collected from central banks or other main financial regulators for 189 jurisdictions.

All data and metadata are available free of charge to the public on the IMF’s FAS website, along with other key documents.

Central banks or other financial regulators.

Since 2009, the Financial Access Survey (FAS) collects information from administrative sources on an annual basis. The central bank or the main financial regulator reports yearly information including the two indicators that are part of the SDGs. Since its launch, 189 economies have contributed to the FAS, which now contains more than 100 series on financial inclusion covering the period since 2004.

The indicators are calculated based on data collected directly from the central bank or the main financial regulator in the country. The formula to obtain these indicators are:

$\mathrm{T}\mathrm{h}\mathrm{e}\mathrm{\ }\mathrm{n}\mathrm{u}\mathrm{m}\mathrm{b}\mathrm{e}\mathrm{r}\mathrm{\ }\mathrm{o}\mathrm{f}\mathrm{\ }\mathrm{c}\mathrm{o}\mathrm{m}\mathrm{m}\mathrm{e}\mathrm{r}\mathrm{c}\mathrm{i}\mathrm{a}\mathrm{l}\mathrm{\ }\mathrm{b}\mathrm{a}\mathrm{n}\mathrm{k}\mathrm{\ }\mathrm{b}\mathrm{r}\mathrm{a}\mathrm{n}\mathrm{c}\mathrm{h}\mathrm{e}\mathrm{s}\mathrm{\ }\mathrm{p}\mathrm{e}\mathrm{r}\mathrm{\ }100,000\mathrm{\ }{\mathrm{a}\mathrm{d}\mathrm{u}\mathrm{l}\mathrm{t}\mathrm{s}}_{\mathrm{i}\mathrm{t}}=\mathrm{\ }\frac{\mathrm{N}\mathrm{u}\mathrm{m}\mathrm{b}\mathrm{e}\mathrm{r}\mathrm{\ }\mathrm{o}\mathrm{f}\mathrm{\ }\mathrm{c}\mathrm{o}\mathrm{m}\mathrm{m}\mathrm{e}\mathrm{r}\mathrm{c}\mathrm{i}\mathrm{a}\mathrm{l}\mathrm{\ }\mathrm{b}\mathrm{a}\mathrm{n}\mathrm{k}\mathrm{\ }{\mathrm{b}\mathrm{r}\mathrm{a}\mathrm{n}\mathrm{c}\mathrm{h}\mathrm{e}\mathrm{s}}_{\mathrm{i}\mathrm{t}}\mathrm{\ }}{\frac{\mathrm{A}\mathrm{d}\mathrm{u}\mathrm{l}\mathrm{t}\mathrm{\ }{\mathrm{p}\mathrm{o}\mathrm{p}\mathrm{u}\mathrm{l}\mathrm{a}\mathrm{t}\mathrm{i}\mathrm{o}\mathrm{n}}_{\mathrm{i}\mathrm{t}}}{100,000}}$

$\mathrm{T}\mathrm{h}\mathrm{e}\mathrm{\ }\mathrm{n}\mathrm{u}\mathrm{m}\mathrm{b}\mathrm{e}\mathrm{r}\mathrm{\ }\mathrm{o}\mathrm{f}\mathrm{\ }\mathrm{a}\mathrm{u}\mathrm{t}\mathrm{o}\mathrm{m}\mathrm{a}\mathrm{t}\mathrm{e}\mathrm{d}\mathrm{\ }\mathrm{t}\mathrm{e}\mathrm{l}\mathrm{l}\mathrm{e}\mathrm{r}\mathrm{\ }\mathrm{m}\mathrm{a}\mathrm{c}\mathrm{h}\mathrm{i}\mathrm{n}\mathrm{e}\mathrm{s}\mathrm{\ }\left(\mathrm{A}\mathrm{T}\mathrm{M}\mathrm{s}\right)\mathrm{\ }\mathrm{p}\mathrm{e}\mathrm{r}\mathrm{\ }100,000\mathrm{\ }{\mathrm{a}\mathrm{d}\mathrm{u}\mathrm{l}\mathrm{t}\mathrm{s}}_{\mathrm{i}\mathrm{t}}=\mathrm{\ }\frac{\mathrm{N}\mathrm{u}\mathrm{m}\mathrm{b}\mathrm{e}\mathrm{r}\mathrm{\ }\mathrm{o}\mathrm{f}\mathrm{\ }\mathrm{a}\mathrm{u}\mathrm{t}\mathrm{o}\mathrm{m}\mathrm{a}\mathrm{t}\mathrm{e}\mathrm{d}\mathrm{\ }\mathrm{t}\mathrm{e}\mathrm{l}\mathrm{l}\mathrm{e}\mathrm{r}\mathrm{\ }\mathrm{m}\mathrm{a}\mathrm{c}\mathrm{h}\mathrm{i}\mathrm{n}\mathrm{e}\mathrm{s}\mathrm{\ }{\left(\mathrm{A}\mathrm{T}\mathrm{M}\mathrm{s}\right)}_{\mathrm{i}\mathrm{t}}\mathrm{\ }}{\mathrm{\ }\frac{\mathrm{A}\mathrm{d}\mathrm{u}\mathrm{l}\mathrm{t}\mathrm{\ }{\mathrm{p}\mathrm{o}\mathrm{p}\mathrm{u}\mathrm{l}\mathrm{a}\mathrm{t}\mathrm{i}\mathrm{o}\mathrm{n}}_{\mathrm{i}\mathrm{t}}}{100,000}}$

Where “i” indicates the country and “t” indicates the year. The source of information for the number of commercial bank branches and the number of ATMs is the Financial Access Survey (FAS), while the source of information for the adult population is the World Development Indicators or the World Factbook.

2023-03-31

International Monetary Fund (STAFI - Financial Access Survey Team)

Not applicable